Baytex Energy Corp [NYSE: BTE] stock went on a downward path that fall over 0.00% on Friday, amounting to a one-week price increase of more than 9.17%.
Over the last 12 months, BTE stock dropped by -7.75%. The one-year Baytex Energy Corp stock forecast points to a potential upside of 17.93. The average equity rating for BTE stock is currently 2.20, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $1.83 billion, with 768.32 million shares outstanding and 664.47 million shares in the current float. Compared to the average trading volume of 32.81M shares, BTE stock reached a trading volume of 24063615 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on Baytex Energy Corp [BTE]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for BTE shares is $2.90 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on BTE stock is a recommendation set at 2.20. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Raymond James have made an estimate for Baytex Energy Corp shares, keeping their opinion on the stock as Mkt Perform, with their previous recommendation back on October 18, 2024. While these analysts kept the previous recommendation, BMO Capital Markets raised their target price to Market Perform. The new note on the price target was released on April 09, 2024, representing the official price target for Baytex Energy Corp stock.
The Price to Book ratio for the last quarter was 0.61, with the Price to Cash per share for the same quarter was set at 0.01. Price to Free Cash Flow for BTE in the course of the last twelve months was 4.94 with Quick ratio for the last quarter at 0.68.
BTE Stock Performance Analysis:
Baytex Energy Corp [BTE] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 9.17. With this latest performance, BTE shares gained by 18.41% in over the last four-week period, additionally plugging by 16.10% over the last 6 months – not to mention a drop of -7.75% in the past year of trading.
Insight into Baytex Energy Corp Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and Baytex Energy Corp [BTE] shares currently have an operating margin of 21.96% and a Gross Margin at 24.84%. Baytex Energy Corp’s Net Margin is presently recorded at 11.75%.
Baytex Energy Corp (BTE) Capital Structure & Debt Analysis
According to recent financial data for Baytex Energy Corp. ( BTE), the Return on Equity (ROE) stands at 9.05%, suggesting modest shareholder returns. The Return on Assets (ROA) is 4.75%, reflecting the company’s efficiency in generating profits from its assets. Additionally, Baytex Energy Corp’s Return on Invested Capital (ROIC) is 5.86%, showcasing its effectiveness in deploying capital for earnings.
Baytex Energy Corp (BTE) Efficiency & Liquidity Metrics
Based on Baytex Energy Corp’s (BTE) latest financial statements, the Debt-to-Equity Ratio is 0.52%, indicating its reliance on debt financing relative to shareholder equity.
Baytex Energy Corp (BTE) Efficiency & Liquidity Metrics
From an operational efficiency perspective, Baytex Energy Corp. (BTE) effectively leverages its workforce, generating an average of $719702.7 per employee. The company’s liquidity position is robust, with a Current Ratio of 0.68% and a Quick Ratio of 0.68%, indicating strong ability to cover short-term liabilities.
BTE Stock EPS
With the latest financial reports released by the company, Baytex Energy Corp posted 0.23/share EPS, while the average EPS was predicted by analysts to be reported at 0.18/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 0.05. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for BTE.
Baytex Energy Corp [BTE] Institutonal Ownership Details
There are presently around $45.73%, or 46.03%% of BTE stock, in the hands of institutional investors.
